Hedged Global Property
The Trust provides an actively managed exposure to a portfolio of securities from international property markets.
Suitable Investor Profile
This Trust may be suitable for investors with an investment horizon of five years or more, who are seeking exposure to global property markets.
Fund Facts
Investment Approach
Perennial Real Estate seeks to buy listed, or soon to be listed, global property securities that offer good cashflow growth and consistent income characteristics. Perennial Real Estate has the underlying belief that these securities will offer investors the best long-term total return investment outcomes.
Investment Strategy
The Trust will invest in listed, or soon to be listed, property securities from international property markets, which Perennial Real Estate, the investment manager, believes can offer superior capital growth and income characteristics.
Perennial Real Estate places great emphasis on bottom-up property securities research.
As the Trust grows, the portfolio will typically be expected to hold between 40 and 50 securities, with a minimum of 25 and a maximum of 75.
The Trust is authorised to utilise derivative instruments for risk management purposes, subject to the specific restriction that they cannot be used to gear portfolio exposure.
Currency exposure is generally hedged. From time to time, the Trust may accept unhedged or overhedged exposures.
The Trust will attempt to be fully invested at all times, with a cash exposure not exceeding 10% for any length of time.